Millionday news 1/7/15 Part 2
Welcome to dinarupdates.com for news time with Millionday!
Millionday: REUTERS NOTE --HUGE NEWS
Millionday: Economic Commission parliamentary announced the possibility of a reduction in the federal budget for the 2015 deficit.
The committee member said Jawad al-Bolani in a press statement that "there is a possibility to follow the budget deficit and reduced administration."
He noted that "deficit reduction is through the Central Bank's support for activities that will help us to overcome the economic downturn. "
He stressed the need to "provide financial institutions special activities to move the market."
Millionday: NOTE -- CBI IS SAYING THAT STRATEGIC MOVE TO THE MARKET IS GOING TO HELP MINIMIZE BUDGET
Millionday: He said al-Bolani said "the draft budget is currently in Parliament had studied experts, academics and all those interested in the budget as one of the important topics and sensitive."
He said the committee is continuing to Follow-up to the government's economic plans, pointing to encourage investment and reactivate agriculture and industry sectors to add other financial resources other than oil to the general budget.
The budget deficit in 2015 amounted to 25 trillion dinars from the size of the budget of 125 trillion dinars.
It is worth mentioning that the year 2014 has seen the adoption of the budget General for Iraq.
Millionday: SO THEY HAVE FINISHED THE 2014 BUDGET AND HAVE ALSO DECIDED THE MOVE TO THE MARKET IS THE BEST WAY TO MINIMIZE THE DEFICIT -- NICE
Millionday: ARTICLE 25 OF THE CONSTITUTION AS WRITTEN
Millionday: THIS IS TOMORROW
Millionday: AGENDA OF PARLIAMENT
Millionday: Agenda of the meeting (2) Thursday (8) in January 2015
First, read verses from the Koran.
Second: The vote on the draft of the Ministry of Health Act. ( for the Health and Environment Committee , the Legal Committee ). (Article 21).
Third: The vote on the formation of the investigative committee for the fall of Mosul.
Fourth: the continuation of the second reading and discussion of the draft general budget of the Federal Act of 2015 ( the Finance Committee ).
Fifth: The first reading of the draft law and the ratification of the letters exchange of notes and minutes of discussions on the Japanese loan to signed on 02.16.2014 the Republic of Iraq. ( Foreign Relations Committee , the Finance Committee ), (2 items).
Millionday: NOTE -- WE HAVE THE LAST DISCUSSION OF THE 2015 BUDGET AND ALSO WHAT TO DO ON MOSUL AND JAPANESE AGREEMENT
Millionday: Sixth: The first reading of the draft accession of the Republic of Iraq to the International Convention for the Law on Road Traffic of 1968 and the European Agreement supplementing her for the year 2006. ( Commission services and reconstruction). (Article 2).
Seventh: The first reading of the draft law on political parties. ( Legal Committee , the Committee on civil society institutions ). (Article 69).
Eighth: the second reading of the draft law regulating the work of advisers. ( Legal Committee ). (Article 5).
Millionday: NOTE -- LAW OF PARTIES
Millionday: NOTE -- ADVISORS WORK DISTRIBUTION
Millionday: IX: The second reading of the bill to establish the Aliens Act. (Commission on Security and Defense, the Legal Committee ). (Article 55).
Session begins at: eleven in the morning.
Millionday: OH AND ECONOMIC GROUP WE JUST DISCUSSED
Millionday: WHOOOPOW >>>Published by all of Iraq [where] the parliamentary finance committee report on the federal budget for fiscal 2015, which was read today in the parliament session.
Millionday: Announced the legal department at the General Secretariat of the Council of Ministers, on Wednesday, 11 on the completion of the project and two international agreements and six MoUs law during the last three months of 2014.
Department of the Office of Information and government communication, said in a statement reported for "Twilight News", that the most prominent laws of completed projects during the fourth quarter of last year, is the law of accountability and justice, and the prohibition of the Baath Party,
and the draft of the General Authority to ensure the regions and governorates not organized the rights of the province of the law in a fair participation in the various state institutions management and
Millionday: NOTE -- WE HAVE THE LAW OF ACCOUNTABILITY AND JUSTICE AND GEN AUTHORITY ON BORDERS ETC -- ALONG WITH CIVIL SERVICE LAW LAWS OF THE AUTO IN THE LAND AND PUBLIC CONSULTANTS
Millionday: Legal department said it has completed a draft diplomatic passport holders agreement, private or service from entering between Iraq and Armenia feature,
and a draft of Iraq's accession to the United Nations immunities of States and their property Convention on jurisdictional law, in addition to the six memoranda of understanding with Turkey, Australia, Serbia, and the Iraqi ministries .
Millionday: NOTE -- ADMISSION TO UN AND ALSO PASSPORT HOLDER AGREEMENTS WITH SOME
Millionday: LOOK AT THE NUMBERS THERE >>According to the statement, the litigation department in the legal department of the General Secretariat of the Council of Ministers has completed 193 administrative, civil, and criminal investigative and other proceedings, in addition to the 850 functionally request.
Millionday: NICE -- BETTER THAN THE CONSTANT STANDING STILL
misterq: OK......Sorry about that.....Is the 2015 budget out ( public) in ink???
Millionday: THEY STATED THAT IT WAS AS OF TODAY
Millionday: NOTE -- THIS IS GREAT NEWS
Millionday: Finance Committee in the House of Representatives confirmed the possibility of the use of the amounts in the reconstruction of Iraq Fund of the United States of America (DFI), amounting to about two billion dollars to fill part of the budget 2015 deficit, denying the rumors about the fund in which $ 100 billion.
The Member Services Committee and reconstruction parliamentary Emotions grace, called using reserve Iraq in the Fund (DFI) in which up amounts to about $ 100 billion to address the financial crisis experienced by the country.
Committee member Jabbar al-Abadi, said in a statement the "morning": that government can exploit the amounts in the fund and that a little more than two billion dollars, adding,
Millionday: NOTE -- THE USE OF DFI TO MINIMIZE THE DEFICIT
Millionday: "However, it will not solve the economic crisis of the country I said."
For his part, Economic Adviser to the Prime Minister the appearance of Mohammed Saleh said that Article 26 of Law 56 of 2004 of the Central Bank Act prohibits government loan of currency in reserve and it's $ 79 billion,
unless there is a legislative amendment allows Bakannouna Bzlk.waodh favor of the "morning", said the 2015 budget deficit financing sources could be through the banks or the public as a kind of domestic borrowing,
while external borrowing may be through the International Monetary Fund the World Bank or from loans paid on credit by international companies implementing projects in Iraq, and therefore,
the project borrowing too much status of sources of funding, but did not mention the funding through the central bank reserves because he knows that it is prohibited under the law.
Millionday: NOTE -- SO IT MAY OR MAY NOT HAPPEN AS WE SEE
Millionday: It is said that the amount of the financial budget for this year amounted to 123 trillion dinars deficit of $ 25 trillion dinars,
which prompted the government to take measures aimed at reducing spending and abandon luxuries in order to avoid wasting public money and to cope with the economic crisis,
which resulted from the deterioration of oil prices on global markets, amid assurances that the importance of finding other resources is Oil on the grounds that the country is rich and has a lot of good things, but agriculture, industry, trade and other sectors need to be enabled to achieve the desired goal.
Millionday: SO AS WE SEE THEY ARE PREPARING TO MOVE FORWARD AND ARE MAKING MOVES TO DO SO
Millionday: END OF REPORT -- WORKING TOGETHER AS A COUNTRY I THINK THAT IS THE BEST OF ALL -- MAJOR BLESSING AFTER ALL THE YEARS OF FIGHTING --- BIBLICAL
lstar877: when u say forward ... is this regarding international status? I'm thinking international is the thing that will require a new rate.
Millionday: FORWARD WITH THIER MARKET AND THAT WILL BE INTERNATIONAL TRADE –
A MARKET ECONOMY IS SUPPLY AND DEMAND AND WILL BE GLOBAL ACCORDING TO THEIR REPORTS
Papatom: the dFI fund was designated for Infrastructure rebuilding as I remember....using it for deficit reduction seem smart as the deficit comes from the need for infrastructure...right?
and is the sentence that says agriculture, industry, trade and other sectors need to be enabled speaking about a market economy?
Millionday: I AGREE AND YES IT IS SMART -- YES THE SENTENCE ABOUT THE % OF GDP IS THEIR MARKET OTHER OIL AND ALL PRODUCTS ETC -- GOOD POINT
Danalivin4HIM: I'm sorry to interrupt, the last article before this one, did they pass the budget or did they put it off til Thursday?
Millionday: Published by all of Iraq [where] the parliamentary finance committee report on the federal budget for fiscal 2015, which was read today in the parliament session.
Millionday: ACCORDING TO THIS IT WAS READ AND PUBLISHED
Millionday: SO NOW THE VOTE OR THE VOTE HAPPENED -- WE WILL KNOW TOMORROW OR A DAY OR SO
GrannieAnnie: MD was it published in the Gazette?
Millionday: IT DOES NOT SAY THE GAZETTE -- I WOULD SAY ITS COMPLETION WAS PRINTED AND IS DONE TO BE VOTED AND PRINTED IN GAZETTE
paul-o: oops didn't mean to hit enter -dang it. Ok. so if they finish the 2nd reading tomorrow, don't they still need a 3rd reading? And is there a mandatory 4 day wait between the two? And you said they vote on they may vote on the budget tomorrow or sunday?
Millionday: THEY HAVE CHANGED THE RULES SOME TO EXPEDITE THE BUDGET SO WE SHALL SEE IF THEY WAIT THE FOUR DAYS THEY STATED THEY WOULD READ THE SECOND TIME AND VOTE IN ONE DAY SO WE SHALL SEE
Millionday: TODAY WAS SECOND READING
Millionday: SO THAT IS WHAT WE HAVE -- HOPE TO SEE SOME MORE TOMORROW AND FRIDAY -- IF ANYTHING BIG GETS DONE TOMORROW I WILL COME IN